During Friday’s Current trade, Shares of 2U Inc (NASDAQ:TWOU), lost -1.93% to $31.57.
2U, Inc. declared the pricing of its formerly declared public offering of 3,500,000 shares of its common stock at a price to the public of $34.00 per share. A total of 3,100,000 shares are being offered by the Company and 400,000 shares are being offered by the selling stockholders named in the registration statement. The offering is predictable to close on or about September 30, 2015, subject to customary closing conditions. In addition, the Company has granted the underwriters a 30-day option to purchase up to 525,000 additional shares of common stock from the Company at the public offering price.
The Company anticipates to receive gross proceeds of about $105,400,000. The proceeds of the offering will be used by the Company for general corporate purposes, counting expenditures for program marketing, sales, technology, and content development, in connection with new program launches and growing existing programs. The Company will not receive any proceeds from shares of common stock to be sold by the selling stockholders.
Goldman, Sachs & Co. and Credit Suisse Securities (USA), LLC are acting as joint book-running managers for the projected offering. Needham & Company, LLC, Oppenheimer & Co. Inc., Pacific Crest Securities, a division of KeyBanc Capital Markets Inc., Robert W. Baird & Co. Incorporated, Barrington Research Associates, Inc., Compass Point Research & Trading, LLC and First Analysis Securities Corporation are acting as co-managers.
2U, Inc. provides cloud-based software-as-a-service (SaaS) solutions for nonprofit colleges and universities to deliver education to qualified students. Its cloud-based SaaS platform solutions comprise online campus, an online learning platform that enables its clients to offer educational content together with instructor-led classes in a live, intimate, and engaging setting through proprietary Web-based and mobile applications; and content administration system, which enables its clients to author, review, and deploy asynchronous content into their online programs.
Shares of Splunk Inc (NASDAQ:SPLK), declined -2.07% to $54.76, during its current trading session.
Syncsort, a global leader in Big Data software, declared the availability of a new release of Ironstream®, the unique-in-the-market product that provides mainframe machine data in real-time to Splunk Enterprise and Splunk Cloud™ customers. The new release leverages data collected by Syncsort’s recently attained Zen z/OS® suite to provide IBMz network and security data and alerts to Splunk solutions for advanced visual analytics.
Syncsort Ironstream operates with Splunk solutions to provide:
- Less complexity,making it easy to collect mainframe data and correlate it with data from other platforms for a 360-degree analysis, without the need for mainframe access or mainframe expertise.
- Clearer Security Information, making it much easier to identify unauthorized mainframe access or other security risks.
- Healthier IT Operationsthrough real-time alerts to identify problems in all key environments like CICS, DB2, IMS, MQ and by monitoring transaction system performance, with views of latency, transactions per sec, exceptions and other valuable data.
- More Effective Problem-Resolution Administrationwith real-time views of mainframe SMF data to identify real or potential failures earlier, together with the relevant ‘surrounding’ information to support triage repair or prevention.
- Higher Operational Efficiencyby augmenting legacy silo monitors with new technologies that better correlate events across systems, enabling staff to resolve problems faster, to “do more with less.”
Splunk, Inc. provides software products that enable organizations to gain real-time operational intelligence in the United States and internationally. The company’s products enable users to collect, index, search, explore, monitor, and analyze data regardless of format or source users.
Sempra Energy (NYSE:SRE), during its Friday’s current trading session gained 0.15% to $96.44.
For the third successive year, Sempra Energy (SRE) has been named to the Dow Jones Sustainability World Index and, for the fifth successive year, to the Dow Jones Sustainability North America Index.
Established in 1999, the Dow Jones Sustainability indices are compiled annually by S&P Dow Jones and the Zurich-based RobecoSAM, a sustainable investment specialty firm. They were the first organizations in the world to track the financial performance of companies that lead their respective industries in managing economic, environmental and social issues with a strong focus on long-term shareholder value. The indices serve as benchmarks for investors who integrate sustainability considerations into their portfolios.
The Dow Jones Sustainability World Index tracks the performance of the top 10 percent of the 2,500 largest companies in the S&P Global Broad Market Index.
Sempra Energy operates as an energy services holding company worldwide. The company’s San Diego Gas & Electric Company segment transmits and distributes electricity and/or natural gas. As of February 23, 2015, this segment offered energy service about to 3.4 million consumers through 1.4 million electric meters and 878,000 natural gas meters in San Diego and southern Orange counties.
Finally, Fortune Brands Home & Security Inc (NYSE:FBHS), decreased -1.40%, to $47.35.
Fortune Brands Home & Security, Inc. (FBHS), an industry-leading home and security products company, today announced that its Board of Directors has declared a quarterly cash dividend of $0.14 per common share. The dividend is payable on December 16, 2015, to stockholders of record as of the close of business on November 27, 2015.
Fortune Brands Home & Security, Inc. provides home and security products for use in residential home repair, remodeling, new construction, security applications, and storage. It operates in four segments: Cabinets, Plumbing, Doors, and Security.
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